The US stock market closed lower on Friday, with the Nasdaq Composite down 2% for the session. The US major indices recorded their fourth consecutive losing week.
Investors often rely on Wall Street analysts for guidance, but not all have impressive track records. Even within a single stock, analyst ratings and price targets can vary widely, leaving investors confused about which opinion to trust.
Benzinga’s Analyst Ratings API provides curated stock ratings from top banks and sell-side firms. The data shows that Benzinga Pro subscribers’ and readers’ insights can be used as trading indicators to outperform the market.
Five of the most accurate Wall Street analysts are featured on Benzinga’s Analyst Stock Ratings page. These include:
* Ruben Roy (Stifel), with an 88% ratings accuracy, who maintains a Buy rating on Jabil Inc. and predicts around 8% upside.
* Asiya Merchant (Citigroup), also with an 88% accuracy, who recommends buying Sandisk Corporation and expects around 27% upside.
* Peter Arment (Baird), with an 86% accuracy, who predicts a 36% jump in Karman Holdings Inc. stock price.
* Aaron Rakers (Wells Fargo), with an 85% accuracy, who forecasts a 30% gain for Micron Technology Inc. stock.
* Mike Genovese (Rosenblatt), also with an 85% accuracy, who expects around 25% rise in Viavi Solutions Inc. stock.
Note: These ratings are subject to change and should not be considered investment advice.
Source: https://www.benzinga.com/analyst-stock-ratings/price-target/26/03/51418275/5-stocks-in-the-spotlight-wall-streets-most-accurate-analysts-weigh-in-8